Alibaba co-founder Jack Ma will be resigning from SoftBank board of directors. Jack Ma serving for nearly 13 years in the board. Ma is expected to resign from the Group’s board on June 25. The news comes as the group posted record financial loss of USD 13 billion. Jack Ma had retired as the Executive Chairman of Alibaba in September 2019.
Click Here To Get Test Series For SBI PO 2020
The Softbank Group’s board of directors comprises 11 directors. The Group is expected to expand the number of its board members to 13. The company recently proposed nomination of three new directors to the board: chief Financial Officer Yoshimoto Got, Cadence Design Systems CEO Lip-Bu Tan and Waseda Business School professor Yuko Kawamoto.
Important takeaways for all competitive exams:
The iconic Wankhede Stadium in Mumbai will soon have a stand named after former India…
India has successfully conducted three consecutive flight trials of the indigenous VSHORADS (Very Short Range…
India has received a major boost in its fight against road accidents. The United Nations…
Prime Minister Narendra Modi launched a nationwide HPV vaccination drive for 14-year-old girls during his…
The Rajasthan government has announced that Mount Abu will now be known as Aburaj which…
The United Nations has officially approved the first ever carbon credits under the Paris Agreement's…